Stock To Watch: Anthem, Inc. (NYSE:ANTM)


The leading market experts have placed a mean price target of $165.82 on Anthem, Inc. (NYSE:ANTM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.46 a share for the upcoming quarter and $10.91 for the current fiscal.

Technical View

The technical analysis of Anthem, Inc. Common Stock plainly substantiates that the 50-day moving average of Anthem, Inc. Common Stock is $131.29, and stock is trading $-6.54 points away or -4.98% from its 50-day moving average of $131.29. Further it is trading $-9.68 or -7.20% away its 200-day moving average of $134.43. Anthem, Inc. (NYSE:ANTM) 52-week high is $152.44 and the 52-week low is $115.63.

This explains if the stock moves $-27.69, it will post a 52-week high. In event of +7.89% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Anthem, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Anthem, Inc. (NYSE:ANTM) ratio came in at 14.43.

The stock last ended the trading session at $124.75 and registered a market cap of $32.83B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Anthem, Inc. (NYSE:ANTM) PEG ratio is at 1.06.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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